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reaction from the head of the nation's largest staffing firm. dennis: the tax man extending the deadline for businesses that file returns on payroll and excise taxes. cheryl: let's look at how the world currencies are faring against the u.s. dollar. the euro, not a lot of movement. the canadian dollar and the peso minimum movement in the currency market. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local i'i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own idea
fund. so they have got to do that, rejiggering for tax purposes, sell, buy, make their moves for the end of the year, october 31st, at end of the trading year for many mutual funds. a couple other things, you have all the market makers doing everything smoothly. on the downside, cell service, cell phone service on the floor of the exchange is terrible. very shoddy at best. land lines, you have to keep trying or maybe be able to get one. some booths have them. some booths don't. there are factors here we're still contending with. however the big picture that trading is underway. successfully, smoothly without any flash crashes. without erroneous trades and things that need a whole lot of fixing. everybody got here safely. we'll have a good day here tomorrow. ashley: bottom line we're back in business. nicole, thanks so much. cheryl: let's head down to sandra smith at the cme. what is happening in the pits? >> cheryl and ashley, well a lot is happening, if you look at big movers in the commodities markets you see we have some big movers. corn, soybeans, wheat, rbob gasoline are
to the cleanup. fastest rates hit $340 million in tourism and tax revenue for the city but with travel delays, flight canceled, traveling from 35 countries all 50 states, is that going to happen? requiring hundreds of police officers would be dealing with downed traffic lights, power outages and operations the five boroughs. they will not run or watch a marathon this year. we're waiting to hear from waco bloomberg heavily criticized by many local papers in particular including the cover of "the new york post" which basically said it was with regards to mayor bloomberg should not be running this maze. it is immoral and wrong. >> what we're seeing is people like this gentleman here with their own canisters to get fuel. and we are seeing people parking their cars and a shoulder to get out and come in to get gas. you have two canisters, tell us about your situation. >> i have no electricity. no electric, don't have the power or nothing. just to get two cans of gas. dennis: thi>> so this is for yor generator? >> yes. we have two kids, one in three years old, one is one years old. >> so you had two
to do final positioning for the end of the month today. they want to take tax losses. it's not like there's no participation out there. the key watch word here is there's a lot of uncertainty as to the effect of the storm, and you don't want to trade when you don't know what you're doing. cheryl: robert, sectors i'm following are reagenting, and the airline sector, delta up. what do you make of the sectors we thought would sell off, we thought retail hurt, home improvement doing well, and airlines sell off. what do you think? >> trying to get my arms around the airlines myself. i don't understand that. you saw initially on the open this morning kind of the playbook trade seeing the insurers like chub and offstate with exposure in that area selloff. you saw timber companies like plum creek take a big leg up as well as home depot. that trade somewhat reversed. i think a storm like this will definitely have impact in the short term, but as far as making long term fundamental decisions op what to do with the portfolio, this shouldn't have impact. the airlines, very surprising. i'm not s
't change. leaving millions without health insurance isn't change. >> no!. >> another $5 trillion tax cut that favors the wealthy isn't change. >> fox business has also been watching effects of hurricane sandy on the election especially in swing states. the ohio secretary of state tells us despite all power outages there all polling locations currently have power. officials expect that to be the case on election day. back to you. melissa: rich edson. thanks so much. lori: forget donkeys and elephants, bears rule after the election. according a new poll from baron's drew responses from more than 130 institutional investors percentage of investors who are bullish is falling steadily. shrinking to 46% from 55% back in the spring and 52% just one year ago. here with more on what big money is doing ahead of the election is baron's deputy manager. lauren, we're pleased to have you in studio. welcome. >> thank you. lori: first address this issue how your respondents view the economy. that is significant leg down in terms of how bullish they are. >> i would say so. it is rare to see a poll below
to deal with spending first. tax cuts could go retroactive. but spending cuts go into effect january 1st. they have to get on this. we're only dealing with 1.9% of gdp. right now they are in a recessionary environment. they need to get on that. tracy:. thank you steve. ashley: northeast is consumed with the northeast but the candidates are campaigning hard for those eight states up for grabs. net romney wasn't wisconsin but obama was an ohio early voting well under way including florida as candidates tried to close the deal. will the jobs report affect their vote? terry will list is with us. is this report each enough for someone who was undecided? >> i don't think so. 23 million still unemployed and underemployed. mitt romney can say the unemployment rate has gone higher. here is my take away. we have been down so long it looks like up. it is not good. if we grow every month adding 170,000 jobs it would take almost 10 years. people don't have that time. ashley: lakisha underemployment rate those who would want to work full time so 14.6%. >> with the northeast sandy affected 20 states ha
. that is not what is happening here. these policies do not work. you cannot tax and economy into prosperity. simply, you cannot. that is what he has been trying to do. if he gets reelected, i suspect we will have a couple more years of really tough times. connell: thank you so much, art. thank you very much for coming on. we appreciate it. i just want to remind everyone a little bit about our own election coverage. election night begins with a special addition of varney & company. bernie and company 5:00 p.m. eastern time. dagen: the president will make a statement at 12:45 p.m. a little less than an hour from now. governor romney has canceled all events for tonight and tomorrow. all stock trading is holding. the chicago cma stayed open for business. connell: sandra smith is there. that is today's trade today. sandra: hi. i want to give you this particular view of the trading floor. typically you would see a very busy s&p 500 futures trading pit. midmorning today, the cme did make an announcement the equity futures would be closed all day. if you turn around, you will see the euro dollar futures pi
Search Results 0 to 6 of about 7